Cypress Asset Management Inc. TX Grows Stock Holdings in Union Pacific Co. (NYSE:UNP)

Cypress Asset Management Inc. TX lifted its position in shares of Union Pacific Co. (NYSE:UNP) by 1.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 23,811 shares of the railroad operator’s stock after purchasing an additional 338 shares during the period. Union Pacific comprises about 1.6% of Cypress Asset Management Inc. TX’s holdings, making the stock its 18th largest position. Cypress Asset Management Inc. TX’s holdings in Union Pacific were worth $5,970,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of UNP. OMC Financial Services LTD acquired a new stake in Union Pacific during the 1st quarter worth $2,447,000. EverSource Wealth Advisors LLC raised its stake in Union Pacific by 73.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,064 shares of the railroad operator’s stock worth $964,000 after acquiring an additional 1,718 shares in the last quarter. Motiv8 Investments LLC raised its stake in Union Pacific by 24.6% during the 1st quarter. Motiv8 Investments LLC now owns 2,530 shares of the railroad operator’s stock worth $622,000 after acquiring an additional 500 shares in the last quarter. Pathway Financial Advisers LLC acquired a new stake in Union Pacific during the 1st quarter worth $1,389,000. Finally, Alexander Labrunerie & CO. Inc. acquired a new stake in Union Pacific during the 1st quarter worth $377,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,552 shares of the company’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the sale, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, President Elizabeth F. Whited sold 3,552 shares of the business’s stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $246.59, for a total value of $875,887.68. Following the completion of the transaction, the president now owns 64,945 shares of the company’s stock, valued at $16,014,787.55. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Whited Elizabeth 3,553 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The disclosure for this trade can be found here. Insiders own 0.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on UNP. Benchmark restated a “buy” rating and issued a $266.00 price objective on shares of Union Pacific in a research note on Monday, July 29th. Barclays dropped their price objective on shares of Union Pacific from $290.00 to $280.00 and set an “overweight” rating on the stock in a research note on Friday, July 26th. Jefferies Financial Group began coverage on shares of Union Pacific in a research note on Monday, April 8th. They issued a “hold” rating and a $250.00 price objective on the stock. Royal Bank of Canada dropped their price objective on shares of Union Pacific from $281.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, July 26th. Finally, The Goldman Sachs Group lifted their price objective on shares of Union Pacific from $248.00 to $274.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Seven equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.79.

Union Pacific Price Performance

UNP stock traded down $4.50 during trading on Friday, reaching $239.97. 2,114,653 shares of the company were exchanged, compared to its average volume of 2,386,958. The company has a market cap of $146.19 billion, a P/E ratio of 22.90, a PEG ratio of 2.16 and a beta of 1.06. Union Pacific Co. has a 52-week low of $199.33 and a 52-week high of $258.66. The stock’s 50 day moving average price is $230.71 and its 200 day moving average price is $239.20. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.86 and a current ratio of 1.05.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 25th. The railroad operator reported $2.74 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.03. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $6.05 billion. Union Pacific had a net margin of 26.90% and a return on equity of 42.62%. The firm’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.57 earnings per share. As a group, analysts predict that Union Pacific Co. will post 11.12 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 30th will be issued a $1.34 dividend. This represents a $5.36 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend is Friday, August 30th. This is an increase from Union Pacific’s previous quarterly dividend of $1.30. Union Pacific’s dividend payout ratio is 49.62%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.